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Nakamoto’s consensus protocol works in a permissionless model and tolerates Byzantine failures, but only offers probabilistic agreement. Recently, the Sandglass protocol has shown such weaker guarantees are not a necessary consequence of a permissionless model; yet, Sandglass only tolerates benign failures, and operates in an unconventional partially synchronous model. We present Gorilla Sandglass, the first Byzantine tolerant consensus protocol to guarantee, in the same synchronous model adopted by Nakamoto, deterministic agreement and termination with probability 1 in a permissionless setting. We prove the correctness of Gorilla by mapping executions that would violate agreement or termination in Gorilla to executions in Sandglass, where we know such violations are impossible. Establishing termination proves particularly interesting, as the mapping requires reasoning about infinite executions and their probabilities. 

Nakamoto’s consensus protocol works in a permissionless model, where nodes can join and leave without notice. However, it guarantees agreement only probabilistically. Is this weaker guarantee a necessary concession to the severe demands of supporting a permissionless model? This paper shows that, at least in a benign failure model, it is not. It presents Sandglass, the first permissionless con- sensus algorithm that guarantees deterministic agreement and termination with probability 1 under general omission failures. Like Nakamoto, Sandglass adopts a hybrid synchronous communication model, where, at all times, a majority of nodes (though their number is unknown) are correct and synchronously connected, and allows nodes to join and leave at any time. 

Blockchain-based cryptocurrencies have demonstrated how to securely implement traditionally centralized systems, such as currencies, in a decentralized fashion. However, there have been few measurement studies on the level of decentralization they achieve in practice. We present a measurement study on various decentralization metrics of two of the leading cryptocurrencies with the largest market capitalization and user base, Bitcoin and Ethereum. We investigate the extent of decentralization by measuring the network resources of nodes and the interconnection among them, the protocol requirements affecting the operation of nodes, and the robustness of the two systems against attacks. In particular, we adapted existing internet measurement techniques and used the Falcon Relay Network as a novel measurement tool to obtain our data. We discovered that neither Bitcoin nor Ethereum has strictly better properties than the other. We also provide concrete suggestions for improving both systems.